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20120901
20120930
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velshi and this is "your money." let's start with the man at the top. >> obama! obama! >> reporter: barack obama promised change. >> this is our chance to turn the page on the policies of the last seven and a half years. >> reporter: the promises he made were big and they were specific. >> we are going to roll back the bush tax cuts. >> reporter: instead, he agreed to extend those tax cuts for two more years, in a compromise to get republicans to extend jobless benefits to millions of unemployed americans. >> i have no doubt that everyone will find something in this compromise that they don't like. in fact, there are things in here that i don't like. >> reporter: barack obama promised to clean up the financial sector. >> we've got to solve this banking crisis. >> reporter: but opposition in congress watered the reforms down. banks are still risking your money. some say wall street is as treacherous as ever. barack obama promised foreclosure relief. >> we're going to put together a foreclosure fund to help people stay in their homes. >> reporter: his multiple plans did help, but fel
>>> the economy is stupid, so what do president obama and mitt romney say they'll do to fix it? that's the problem, they're not saying enough. with only 50 days to go until the election, they aren't saying enough. he's been warning you about the coming economic storm and you're feeling it. two-thirds of voters believe economic conditions today are poor. that's according to the latest cnn poll, and it could get worse. while clouds are brewing in asia beyond our control, the storms gathering in washington are of our own making. i'm talking about the fiscal cliff, the tax hikes said to take effect in january. january 1st they could push america into another recession. let's not forget jobs. 12.5 million people without them, because nothing is more important to our economic recovery than john creation. you can blame whoever you want for causing the state of the economy, but today's downturn is persisting on president obama's watch. so you would think romney could make the change desperate for people to fix this economy. candy crowley is anchor for "state of the union." let's show y
's the economy, stupid. so what do president obama and mitt romney say they'll do to fix it? that's the problem. they're not saying enough and with less than 50 days to go until the election, americans need specifics. i'm christine romans. this is "your money." ali velshi is away this week. but he's been warning you about the coming economic storm and you're feeling it. two-thirds of registered voters believe economic conditions today are poor, according to the latest cnn/orc poll. and it could get worse. while the clouds brewing in asia and europe are beyond our control, the storm gathering in washington is of our own making. i'm talking about the fiscal cliff, the automatic spending cuts and tax hikes set to take effect in january. january 1st, they could push america into another recession. let's not forget jobs. 12.5 million people without them because nothing is more important to our economic recovery than job creation. you can blame whoever you want for causing the state of the economy. but today's downturn is persisting on president obama's watch. so you'd think that mitt romney could ma
presidential candidates do. barack obama said he was going to cut the deficit in half and create millions of jobs. candidates make the promises. sometimes they come true. sometimes they don't. but i think it's unfair to say that he doesn't have a plan. he does have this tax reduction plan to restructure the tax system, make it more pro-growth. he has a plan to cut spending to bring the deficit down. i think his energy policy of more production means more oil and gas jobs here in the u.s. so i think it's achievable. by the way, i want to say. i think it is a good thing when these presidential candidates, and i hope barack obama does it too, shoot a target you can shoot for. let's shoot for 12 million jobs. maybe if we only get 10 million we'll still feel pretty good about the economy. >> why don't we shoot for 20 million or 30 million? the point is leveling with them -- you know, the economists which is a relatively economically conservative publication like the one that you do work for called mitt romney's 59-point lan like "50 shades of grey" without the sex. i mean it does need a little
class family of four would see their tax bill increase by $2,200 in 2013. jessica, president obama could win. congress could come back with the same composition that it has now. what does the president do, as i ask, between election day and the end of the year to protect americans from the fiscal cliff? >> well, there's, obviously, two scenarios. but one where he will not extend the bush tax cuts for the wealthiest americans. so, the fiscal cliff is going to be folded in in some way into renegotiating the tax cuts and how they get extended. and i think he'll say it's a no go. i'm fought going to extend the bush tax cuts. so, either we can negotiate it now in these few remaining weeks before christmas or we can face a government shut down. i think there will be a little bit of chicken game playing at the end of the year. and what most people in washington think will likely happen is they'll negotiate some way to say, here's a broad framework for what both sides want, let's work it out next year. we'll see. >> sheila, i kind of think americans are a little dilutional they are about the eco
obama. austan, you were part of the administration that has been accused of not using its full political capital to create jobs when it had a chance. how do you respond to that criticism? >> look, i don't think that's fair, and that's coming at the president from the left, and you just heard stephen saying, he wished they hadn't done anything. i mean, i think though it may have no implication for the election in 2012, historians are going to look back and avoiding the great depression in 2009 was -- is going to be viewed as a major, major accomplishment. the financial crisis and the economic crisis at the end of 2008 was bigger than the one in 1929, that led us into the first depression, and finance is a bigger share to have the economy now than it was then. so i think if you don't think it could be worse, you were not paying attention to what was going on. >> christine romans, host of "your bottom line," christine? >> all this looking in the rearview mirror is driving me crazy, because i'm so scared looking forward. we have to figure out in washington how we can fix the right now and lo
with president obama. you are part of the administration that's been accused of not using its full political capital to create jobs when it had the chance. how do you respond to that criticism? >> i don't think that's fair. that's coming at the president from the left, and you just heard steven saying he wished they hadn't done anything. i think though it may not have any implication for the election in 2012, historians are going to look back and avoiding the great depression in twa2009 is going be viewed as a huge accomplishment. the economic crisis in 2008 was bigger than the one in 1929 which led us to the first finan bigger share of the economy now than it was then. >> i'm so scared looking forward. we have to figure out in washington how we can fix the right now and look longer term to cutting our debts and deficits. why can't we do both? even more, why can't we do both at the same time? i'm not convinced that washington and party politics will allow us to do -- we have to be juggling a lot of balls. it can't just be debt reduction, and can't just be near term stimul stimulus. it has t
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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